VP - Government Relations and Regulatory Affairs

Sunrise Banks•St Paul, MN

1d•Onsite

About The Position

The Vice-President for Government Relations and Regulatory Affairs represents and promotes Sunrise Banks at the federal, state and local governmental levels. This individual develops strategic relationships with key stakeholders including elected officials and related staff, regulatory agencies, trade and advocacy organizations, the business community, and not-for-profit entities. The role advocates for Sunrise Banks in the areas of commercial banking, community development finance, fintech and emerging national products covering policy, appropriations and regulatory matters. This individual reinforces Sunrise Banks’ commitment to regulatory fairness and community leadership. The position also requires a commitment to Sunrise’s business growth, working closely with business development colleagues and other revenue generators. This person will enjoy one of the most visible external positions at the Bank, with the responsibility to advance its strong reputation and brand.

Requirements

Minimum 7-10 years private sector experience at a professional level in state or federal government relations, or regulatory affairs (Required)
Bachelor's degree in business-related field (Required)
Demonstrated commitment to community and volunteerism (Required)
Natural ability to work bi-partisanly
Sunrise Core values
Change champion
Problem solver
Strong written and verbal communication skills including public speaking
Ability to work collaboratively with internal teams and external partners
Strategic thinker pivotable to tactical execution
Time availability to fulfill responsibilities
Comprehensive skill in use of multiple software platforms
Demonstrates the ability to work effective with AI tools and maintains an open, curious approach to emerging technologies

Nice To Haves

Understanding of banking and community development finance (Desired)
Masters in business or other advanced degree (Desired)
Preparing for Graduate School of Banking program at UW Madison

Responsibilities

Maintain and deepen relationships with Minnesota and South Dakota’s United States Senators, members of the House of Representatives, and federal and district staff focusing on the Community Development Financial Institutions (CDFIs) Fund and other priority banking issues.
Monitor and provide input on proposed banking legislation and execute in coordination with industry trade organizations.
Oversee a part-time Washington DC-based lobbyist focused on the Department of Treasury and CDFI Fund divisions.
Alert and coordinate with Sunrise leaders on critical compliance and other regulatory matters originating from OCC, FDIC, Federal Reserve, CFPB, and FinCEN.
Participate in industry comment processes and consultations.
Track other federal economic development programs including SBA, HUD and USDA.
Utilize AI tools and coordinate with marketing on messaging to government, employees and other stakeholders.
Serve as primary contact with the ABA on legislative affairs and as an active member of Sunrise’s CDBA, CDFI and NMTC internal working groups.
Serve as the primary Sunrise contact with the Minnesota Chamber of Commerce, advising on banking, general business and community development issues.
Serve as a member of the Minnesota Bankers Association (MBA) Government Relations committee and provide committee testimony.
Develop relationships with Minnesota’s Governor and staff, and the Department of Commerce.
Attend and participate with Sunrise staff on targeted state advocacy legislation in support of Minnesota CDFIs, the Minnesota Housing Partnership, a state NMTC program and renewable energy initiatives.
Develop relationships with the mayor and members of the city councils of major cities.
Track and influence local issues including rent control, taxation, zoning, permitting and economic development.
Arrange public forum sponsorships, and host officials and groups at Sunrise Wabash community facilities.
Attend local chamber and community events to enhance Sunrise’s profile and connectedness.
Work closely with Sioux Falls market president on managing and building a South Dakota political strategy.
Work closely with the South Dakota-based Chief Fintech Officer on critical national issues with a particular focus on federal government payments.
Seek depository accounts from public entities and solicit political campaign and PAC accounts.
Volunteer with high-level community organizations.
Identify public speaking opportunities for self and Sunrise leadership.
Elevate Sunrise's profile and reputation.